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Monday, 24 October 2022

Last Night’s Talk Shows: Day 1 of the economic conference

Last night’s talk shows were all about the first day of the economic conference. The Madbouly government’s high-profile gathering has the talking heads focused on economic reform and upping private sector participation. We have full coverage of the first day of the three-day event in today’s news well, above.

We’ll finally get our hands on the long-awaited state ownership policy: Today should kick off with a session focused on the state ownership policy. This is the last chance to discuss the state’s roadmap to restructure the economy in favor of the private sector. Tomorrow, the policy will be unveiled with the rest of the conference’s outcomes, Cabinet Spokesperson Nader Saad told Al Hayah Al Youm (watch, runtime: 4:06).

Tourism needs to be a priority sector, Banque Misr chief Mohamed Eletreby told Al Hayah Al Youm on the sidelines of the conference (watch, runtime: 7:53). “I believe that we can attract double the amount of tourists we are currently seeing. We are not lesser than Greece, which sees 35 mn tourists a year, or Turkey with 45 mn tourists,” he said. Around 13 mn tourists visited Egypt in 2019 and the government is hoping to attract 30 mn tourists a year.

More coverage: Investors Association Chairman Mohamed Khamis Shaaban praised the timing of the conference on Salet El Tahrir (watch, runtime: 2:28), which also held an interview on the day’s events with Senate member Abdel Moneim Saeed (watch, runtime: 11: 38). Lamees El Hadidy’s Kelma Akhira focused on comments yesterday from Center for Global Development President Masood Ahmed, who suggested national policy would determine how well Egypt rides out the global crisis (watch, runtime: 2:31 | 3:38).

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